Ethereum Price Analysis: ETH Buyers In Full Control Above $108

Key HighlightsETH price extended upsides and traded above the $114-116 resistance area against the US Dollar.
This week’s followed major bullish trend line is intact with support at $106 on the hourly chart of ETH/USD (data feed via Kraken).
The pair remains in a solid uptrend and dips near $108 and $106 are likely to find strong bids.Ethereum price gained bullish momentum against the US Dollar and bitcoin. ETH/USD traded close to $120 and it remains well supported for more gains.
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